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Story summary
- Brown-Forman Corp., parent of Jack Daniel's, reported a 2% revenue increase to $1.06 billion in its fiscal third quarter.
- It expects fiscal 2026 to show a low single-digit sales decline due to cooling United States demand and weak tequila.
- U.S. sales fell 8% and Canadian sales dropped 60% amid ongoing trade disputes.
- Emerging markets such as Mexico and Brazil grew, and the company will maintain pricing while addressing operational challenges.
